Post
Topic
Board Trading Discussion
Re: Are we going to recover or continue to dump?
by
DanWalker
on 27/08/2022, 03:03:27 UTC
No one can accurately predict the movement of cryptocurrencies, so anything is possible. Although I admit that in a bear market situation like now,
the possibility of the crypto market falling deeper is quite large. But as long as we invest in potential coins, we don't have to worry. Because
no matter how deep the crypto market goes down, someday it will recover and possibly when the bull market comes it will reach new ATH.
We must remember that bear markets have occurred in the crypto world many times and in the end the crypto market can always recover.
So what we need to do in a situation like now is to collect more coins that we consider potential. Moreover, the majority of coins are already at
a fairly low price, so don't hesitate to buy more potential coins.  It is not easy to invest in crypto, it takes patience to face bear market situations.
I really don't know when the market will recover, but as long as we are optimistic and can be patient waiting for the bull market to come,
everything will be fine.

The market has been relatively stable lately, but we should not rule out the possibility of a further fall. Even in this situation, there are risks that the coins you bought now may fall in price and not grow back to their previous values. Yes, the probability of this is small, but it is still there. If we are talking about bitcoin then I agree, you can buy now and then you can not worry about your investment.

We are still in the bear season and worse still the world economy is not stable so i can say that the market has never been stable. The possibility of the market falling further is very high, today the market reacted negatively after the Fed meeting, they did not intend to cut interest rates, even increased sharply in September to curb inflation.

At this time we should not invest in altcoins, if you still want to buy then only bitcoin is a safe choice. If bitcoin continues to fall, there is nothing to worry about as it is the first and only coin that is guaranteed to rise again after all the bad is over.